BTC in a triangle, but which one?

2020年2月16日

Some of my ideas point to triangle #1, others to as low as triangle #4. I think the RSI will help in determining how low price will go.

Some analyst believe that the trendline #1 cannot be violated because it never has been violated. I believe that it should be violated so that price action fits the longterm logarithmic growth pattern that hasn't changed since the inception of bitcoin.

2020年3月9日

註釋

probable daily close under triangle number 1.

2020年3月12日

註釋

now clearly in triangle #2, got support of the 200 weekly ema

2020年3月16日

註釋

now got support from triangle #3.